Good Debt, Bad Debt


“Debt is one person's liability, but another person's asset.” -Paul Krugman, American Economist


By Kathy Longo, CFP®, CAP®, CDFA
Sunday, 17 February 2019

Good Debt, Bad Debt

 

We hear it all the time, everywhere, that Americans have too much debt. The debt of individuals 65 or older has risen 48% between 2003 and 2015.[i] The student loan debt hit $1.53 trillion in 2018.[ii] Americans now also have the highest credit-card debt in U.S. history with over $1 trillion owed.[iii] Considering that household debt hit a record high of $13.5 trillion[iv] you can see we are dragging a lot of debt around with us. What’s important to remember is that not all debt is created equal. In fact, some debt may be good. 

Jay Pluimer Takes a Seat at the Kid's Table for a Good Cause

Meet the Passionate Duo Donning Orange Ties in the Fight for Early Childhood Education

Friday, 11 January 2019

Jay Pluimer Takes a Seat at the Kid's Table for a Good Cause

Jay Pluimer recently sat down at the kid's table to have a talk with YWCA Minneapolis about his work with Mike O'Keefe as co-chairs of YWCA giving circle. Jay's signature effort, Circle of Men, first formed to support the fundraising event Circle of Women, has recently expanded its efforts to help make high-quality Early Childhood Education more accessible to all through philanthropy and advocacy.

Discussing Finance With Family

Kathy Longo Shares Her Expertise With Barron's

Thursday, 10 January 2019

Discussing Finance With Family

Always an advocate for open conversations around money and financial planning Kathy Longo recently shared her expertise with Barron's for their article, How to Talk to Your Family About Money. 

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